Suite number:
209
Project:
Address:
Markham, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1320 sqft
Occupancy Date:
Mar 2025
$1,930,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.12%
Cumulative Return on Investment in Year 5
88.91%
Property Price at the End of Year 5
$2,486,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10634 days
$289,500
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
property price appreciation | $100,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $136,000 | $143,000 | $151,000 | $158,000 | $1,274,000 |
rent income | $26,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $451,000 |
mortgage principal reduction | $16,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $295,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $168,000 | $171,000 | $179,000 | $188,000 | $197,000 | $207,000 | $217,000 | $228,000 | $239,000 | $251,000 | $2,045,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $290,000 | - | - | - | - | - | - | - | - | - | $290,000 |
remaining balance payment | $97,000 | - | - | - | - | - | - | - | - | - | $97,000 |
closing cost | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
operating expense | $14,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $27,000 | $227,000 |
mortgage payment | $63,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $907,000 |
total expense investment | $536,000 | $115,000 | $115,000 | $116,000 | $117,000 | $118,000 | $118,000 | $119,000 | $120,000 | $121,000 | $1,595,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$368,663 | $56,000 | $64,000 | $72,000 | $81,000 | $90,000 | $99,000 | $109,000 | $119,000 | $130,000 | $451,000 |
cumulative roi | $28 | $47 | $63 | $77 | $89 | $100 | $111 | $121 | $131 | $140 | $907 |
Royal Bayview
Address: Markham, Ontario
Price Range: $1,830,000 - $3,200,000
Avail. suites: 7
1—2.5 bd
1232—2121 SqFt